Australia to spend US$8 billion on nuclear sub shipyard facility: minister

By AFP
Source: Pixabay

Australia will spend an initial Aus$12 billion (US$8 billion) to upgrade shipyard facilities for a future fleet of nuclear-powered submarines, the government said Sunday.

The “very significant chunk” of money is to be spent over a decade at a shipbuilding and maintenance precinct in Western Australia, Defence Minister Richard Marles said.

Share This Article
ByAFP
Follow:
Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *